What is the global market size of the Agricultural Adjuvants Market?

Global Agricultural Adjuvants Market size was valued at USD 3.52 billion in 2021 and is poised to grow from USD 3.7 billion in 2022 to USD 5.56 billion by 2030, growing at a CAGR of 5.2% in the forecast period (2023-2030).

Agricultural Adjuvants Market Size, Share, Growth Analysis, By Formulation(Suspension Concentrate), By Adoption Stage(In-Formulation, Tank-Mix), By Function(Activator Adjuvants (Surfactants, Oil-based Adjuvants)), By Application(Insecticides, Herbicides), By Crop Type(Cereals & Grains (Corn, Wheat)), By Region - Industry Forecast 2025-2032

Q: Who are the key vendors in the Global Agricultural Adjuvants Market?

The market is fragmented in nature. The prominent players operating in the market are constantly adopting various growth strategies in order to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D in order to supply industries with the most efficient and cost-effective solutions. 'Akzo Nobel N.V.', 'BASF SE', 'Dow Chemical Company', 'Huntsman Corporation', 'Solvay SA', 'Clariant AG', 'Croda International Plc', 'Helena Agri-Enterprises LLC', 'Nufarm Limited', 'Evonik Industries AG', 'Wilbur-Ellis Company LLC', 'Stepan Company', 'Brandt Consolidated Inc.', 'Tanatex Chemicals B.V.', 'GarrCo Products Inc.', 'Momentive Performance Materials Inc.', 'Lamberti S.p.A.', 'Loveland Products Inc.', 'Precision Laboratories LLC', 'WinField Solutions LLC'

Q: Which region accounted for the largest share in the Global Agricultural Adjuvants Market?

In 2021, North America is expected to have the biggest share of the market. The importance of industrial and high-value crops is increasing, and farmers are becoming more aware of the advantages of adjuvants, two factors that are predicted to improve market potential. Additionally, it is anticipated that continuous R&D efforts on improved and effective adjuvant treatments will expand the market's potential for expansion. Adjuvant usage is encouraged by government regulations enacted by European nations toward sustainable farming methods, which is a major factor fueling the expansion of this industry in the region.

Report ID: SQMIG15C2038 | Region: Global | Published Date: November, 2024
Pages: 157 | Tables: 153 | Figures: 78

Agricultural Adjuvants Market News

In March 2022, At the 2022 Commodity Classic in New Orleans, Louisiana, Helena Enterprises LLC (US) debuted a new pest management technique. Protecta's proprietary process claims to produce fungicides and insecticides differently, depending on meticulous design, professional analysis, and proven results. Protecta's fungicides and insecticides have balanced and reliable formulas. They offer improved disease and pest management as well as improved compatibility, handling, and application.

In March 2022, The WinField United (US) CROPLAN portfolio had an addition of CP3201AX CoAXium, a new spring wheat variety. It is a hard red spring that combines committed industry stewardship with the patented, non-GMO AXigen feature that tolerates in-crop applications of Aggressor herbicide to offer a new weapon for weed management. Additionally, it can be used with foliar fertilizers and is compatible with tank-mixes.

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Agricultural Adjuvants Market size was valued at USD 3.52 billion in 2022 and is poised to grow from USD 3.7 billion in 2023 to USD 5.56 billion by 2031, growing at a CAGR of 5.2% in the forecast period (2024-2031).

The agricultural adjuvants industry is fragmented in nature. The prominent players operating in the market are constantly adopting various growth strategies in order to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D in order to supply industries with the most efficient and cost-effective solutions. 'Corteva Agriscience', 'Evonik Industries AG', 'Croda International PIc', 'Nufarm Limited', 'Solvay SA', 'BASF SE', 'Huntsman International LLC.', 'Clariant AG', 'Helena Agri-Enterprises, LLC', 'Stepan Company', 'Adjuvants Plus', 'Wilbur-Ellis Agribusiness', 'INNVICTIS', 'CHS Inc.', 'WinField United', 'Akzo Nobel N.V.', 'Dow Chemical Company'

The majority of adjuvants used in crop protection chemicals are generated mostly from petroleum or other hazardous chemical sources. Excessive usage of such chemically generated adjuvants in pesticides has an impact on the environment, crop nutritional content and quality, and human health. As a result, government officials and chemical manufacturers have changed their emphasis to environmentally benign and sustainable goods. This tendency would result in a greater demand for naturally derived products that represent a negligible damage to the environment, as opposed to conventional petroleum-derived products, which are hazardous and can cause bioaccumulation within the ecosystem. Thus, the market is driven by increasing demand for green adjuvants and growing focus on health and consumption of organically produced food.

Increasing research and development to advance technical advancement in agricultural adjuvants application. Unmanned Surface Vehicles (USV) such as drones have grown in popularity in recent years because to the high level of precision, economy, convenience, and safety connected with them. Key market players are releasing new items to meet the growing demand for such products among farmers worldwide. For example, Clariant, a leading global producer of specialty chemicals for agriculture, announced in April 2022 the launch of DropForward, a focused approach to offering precise application with adjuvants and co-formulants. The company provides Synergen DRT, the first solution for the DropForward idea. Synergen DRT is a drone-specific drift control agent and biological activator. This innovative technique was created in one of the company's cutting-edge facilities in Germany, and it was tested in real-world settings in Brazil. It enables the use of common pesticides in low volume settings such as small drone tanks. In the near future, it is projected that these agricultural adjuvants market trends will increase the market's demand.

In 2023, North America is expected to have the biggest share of the agricultural adjuvants market. The importance of industrial and high-value crops is increasing, and farmers are becoming more aware of the advantages of adjuvants, two factors that are predicted to improve market potential. Additionally, it is anticipated that continuous R&D efforts on improved and effective adjuvant treatments will expand the market's potential for expansion. Adjuvant usage is encouraged by government regulations enacted by European nations toward sustainable farming methods, which is a major factor fueling the expansion of agricultural adjuvants industry in the region.

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What is the global market size of Agricultural Adjuvants Market?

Who are the key vendors in the Agricultural Adjuvants Market?

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Which region accounted for the largest share in Agricultural Adjuvants Market?

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